Paul Salem
10th August 2020
Online potential prompts IAC to acquire $1bn MGM stake
Digital media giant InterActiveCorporation (IAC) has acquired a 12% stake in MGM Resorts International, describing the investment as a “once in a decade” opportunity. IAC,…
27th March 2020
MGM revenue declines in first two months of 2020
MGM Resorts issued an earnings update amid the Covid-19 pandemic, reporting that revenue has declined for the first two months of 2020, but net income…